Tag: Federal Reserve

Over the course of the past decade, industry analysts have become increasingly concerned about the troubled state of America’s transit infrastructure. Earlier this year, for example, the American Road & Transportation Builders Association released a report that identified 61,000 bridges as “structurally deficient.” In an effort to address concerns such as these, the Obama Administration signed a new five-year, $305 billion highway bill into law early last month. It’s known as the Fixing America’s Surface Transportation (FAST) Act, and it’s the first major long-term highway bill to be passed in over a decade. What it Means for Mass Transit… Read more »